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Razer Fintech, Rely collaborate to enable Buy-Now-Pay-Later for merchants in Malaysia

18 Dec 2020 / 14:56 H. PETALING JAYA: Razer Fintech, the fintech arm of Razer and Rely, the Singapore-based Buy Now Pay Later (BNPL) service provider, have jointly announced their partnership to offer BNPL services in Southeast Asia, including Malaysia, to merchants registered under Razer Merchant Services (RMS), its business-to-business (B2B) solution. RMS, with a stronghold in Southeast Asia, encompasses powering online payments as a card processing gateway supporting global scheme cards and over 110 payment methods for global blue-chip merchants; and the region’s largest offline payment network of over one million physical acceptance points. This strategic partnership follows a recent announcement by Rely to expand its services in Singapore, Malaysia and South Korea after securing capital from Goldbell Financial Services to process up to S$100 million in BNPL transactions. Through this partnership, RMS’ merchants will now be able to provide interest-free BNPL solution for

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